HomeMy WebLinkAboutCC City notice of budget hearing July 16, 2025NOTICE OF PUBLIC HEARING CITY OF REXBURG, IDAHO PROPOSED BUDGET FOR FISCAL YEAR ENDING 9/30/2026 (FY 2026) A public hearing will be held for the consideration of the proposed budget for the fiscal year from October 1, 2025 to September 30, 2026, at the City Hall, 35 North 1st East, Rexburg, Idaho, at 6:30 p.m., on July 16, 2025. All interested persons are invited to appear and show cause, if any, why such budget should or should not be adopted. Copies of the proposed City budget in detail are available at City Hall during the regular office hours (7:30 a.m. to 5:30 p.m. Monday – Thursday and 7:30 a.m. to 12:30 p.m. on Friday). City Hall is accessible to persons with disabilities. Anyone desiring accommodations for disabilities related to the budget documents or to the hearing should contact City Hall, 359-3020 at least 48 hours prior to the public hearing. This Notice can be provided in a format accessible to persons with disabilities and/or persons with limited English proficiency upon request. Se le puede proveer esta notificación en un formato accesible para las personas discapacidades y/o personas con conocimientos limitados del inglés a pedido. The proposed total expenditures and revenues for each fund for FY 2026 have been tentatively approved by the City Council and entered in detail in the minutes of their meeting.
CITY OF REXBURG REVENUES AND EXPENDITURES
2024 2025 2026
ACTUAL BUDGET* BUDGET
GENERAL FUND
PROPERTY TAX 6,630,639 6,932,400 7,342,000
OTHER REVENUE 11,655,828 12,293,800 12,220,800
TOTAL REVENUE: 18,286,467 19,226,200 19,562,800
TOTAL EXPENSE: 19,377,609 19,226,200 19,562,800 STREET OPERATION FUND
TOTAL REVENUE:
6,832,198
5,021,400
5,355,500
TOTAL EXPENSE:
6,832,198
5,021,400
5,355,500 RECREATION FUND
TOTAL REVENUE: 270,338 317,500 306,300
TOTAL EXPENSE: 261,704 317,500 306,300 TABERNACLE OPERATIONS FUND
TOTAL REVENUE: 1,041,016 1,753,300 1,182,200
TOTAL EXPENSE: 968,305 1,753,300 1,182,200
POLICE IMPACT FEE CAPITAL FUND
TOTAL REVENUE: 64,444 75,000 383,300
TOTAL EXPENSE: - 75,000 383,300
D.A.R.E. ASSOCIATION FUND TOTAL REVENUE: 17,000 18,000 17,800
TOTAL EXPENSE: 14,664 18,000 17,800
DRUG ENFORCEMENT FUND TOTAL REVENUE: 16,168 19,400 18,000
TOTAL EXPENSE: 3,632 19,400 18,000
POLICE SMALL GRANTS FUND TOTAL REVENUE: 56,166 46,000 51,000
TOTAL EXPENSE: 56,166 46,000 51,000
HIGH FIVE & OTHER GRANTS TOTAL REVENUE: 1,928 - -
TOTAL EXPENSE: 68,815 - -
FIRE STATION BUILDING FUND
TOTAL REVENUE: - 1,200,000 309,000
TOTAL EXPENSE: - 1,200,000 309,000
FIRE DEPARTMENT OPERATIONS FUND
TOTAL REVENUE: 6,065,623 5,983,400 7,080,700
TOTAL EXPENSE: 6,065,623 5,983,400 7,080,700
JOINT FIRE EQUIPMENT FUND TOTAL REVENUE: 606,578 778,800 408,000
TOTAL EXPENSE: 340,857 778,800 408,000
MADISON COUNTY FIRE DISTRICT
TOTAL REVENUE: 1,191,371 1,241,000 1,565,500
TOTAL EXPENSE: 1,529,427 1,241,000 1,565,500
FIRE IMPACT FEE CAPITAL FUND
TOTAL REVENUE: 34,701 42,100 42,000
TOTAL EXPENSE: 40,008 42,100 42,000
FIRE DEPARTMENT EMPLOYEE FUND
TOTAL REVENUE: 1,193 3,000 3,000
TOTAL EXPENSE: - 3,000 3,000 REVOLVING LOAN FUND
TOTAL REVENUE: 82,002 73,500 83,500
TOTAL EXPENSE: 11,688 73,500 83,500 REXBURG RAPIDS FUND
TOTAL REVENUE: 546,698 583,100 622,600
TOTAL EXPENSE: 602,516 583,100 622,600 LEGACY FLIGHT MUSEUM FUND
TOTAL REVENUE: 384,056 213,600 147,300
TOTAL EXPENSE: 326,466 213,600 147,300 SANITATION OPERATIONS FUND
TOTAL REVENUE:
3,416,727
3,509,500
3,560,900
TOTAL EXPENSE: 3,159,881 3,509,500 3,560,900 WATER OPERATIONS FUND
TOTAL REVENUE: 5,904,362 5,012,200 4,675,200
TOTAL EXPENSE: 4,315,322 5,012,200 4,675,200 WASTEWATER OPERATIONS FUND
TOTAL REVENUE: 8,660,279 13,518,900 12,804,700
TOTAL EXPENSE: 6,120,483 13,518,900 12,804,700 BUILDING SAFETY FUND
TOTAL REVENUE: 1,441,169 1,210,800 1,541,100
TOTAL EXPENSE: 972,148 1,210,800 1,541,100 GEOGRAPHIC INFORMATION SYSTEMS
TOTAL REVENUE: 519,150 567,200 601,300
TOTAL EXPENSE: 519,150 567,200 601,300
JOINT CITY HALL/POLICE ADDITION RESERVE FUND
TOTAL REVENUE: 481,216 365,000 1,581,200
TOTAL EXPENSE: - 365,000 1,581,200
STREET IMPACT FEE FUND
TOTAL REVENUE: 681,292 245,000 1,222,200
TOTAL EXPENSE:
508,931
245,000
1,222,200
WATER CAPITAL RESERVE FUND
TOTAL REVENUE: 709,233 1,120,500 2,698,000
TOTAL EXPENSE: 271,067 1,120,500 2,698,000
SEWER CAPITAL RESERVE FUND
TOTAL REVENUE: 2,324,689 3,929,100 5,890,200
TOTAL EXPENSE: 1,178,990 3,929,100 5,890,200
ARTS PROMULGATION FUND
TOTAL REVENUE: 59,534 105,000 225,000
TOTAL EXPENSE: 25,008 105,000 225,000
ESD PARAMEDIC CARE UNIT FUND
TOTAL REVENUE:
1,565,546
1,508,100
1,501,700
TOTAL EXPENSE: 1,472,339 1,508,100 1,501,700
PARKS IMPACT FEE CAPITAL FUND
TOTAL REVENUE: 276,648 1,225,000 2,511,700
TOTAL EXPENSE: 158,660 1,225,000 2,511,700
TRAILS OF MADISON COUNTY FUND
TOTAL REVENUE: 81,195 630,500 1,066,000
TOTAL EXPENSE: 48,225 630,500 1,066,000
ROMANCE THEATRE FUND
TOTAL REVENUE: 270,070 210,300 186,300
TOTAL EXPENSE: 284,498 210,300 186,300
PARK CONSTRUCTION FUND TOTAL REVENUE: 125,999 333,600 5,000
TOTAL EXPENSE: - 333,600 5,000
WATER CAPITAL CONSTRUCTION FUND
TOTAL REVENUE: 14,130 575,000 2,185,000
TOTAL EXPENSE: 14,130 575,000 2,185,000
STREET REPAIR FUND
TOTAL REVENUE: 5,972,395 3,359,000 3,765,000
TOTAL EXPENSE: 4,914,018 3,359,000 3,765,000
STREET NEW CONSTRUCTION FUND
TOTAL REVENUE: 3,595,386 4,115,000 7,333,600
TOTAL EXPENSE:
3,633,015
4,115,000
7,333,600
AIRPORT OPERATIONS FUND TOTAL REVENUE: 67,785 62,400 61,100
TOTAL EXPENSE:
51,249 62,400 61,100
AIRPORT CONSTRUCTION FUND
TOTAL REVENUE: 185,811 717,400 4,561,000
TOTAL EXPENSE: 200,027 717,400 4,561,000
AIRPORT RELOCATION RESERVE FUND TOTAL REVENUE: 88,981 45,000 28,500
TOTAL EXPENSE: - 45,000 28,500
GOLF COURSE FUND
TOTAL REVENUE: 1,659,403 1,641,500 1,778,500
TOTAL EXPENSE: 1,472,699 1,641,500 1,778,500
GOLF COURSE CONSTR./RESERVE FUND TOTAL REVENUE: 212,650 227,500 210,800
TOTAL EXPENSE: 59,196 227,500 210,800
SEWER PLANT CONSTRUCTION FUND
TOTAL REVENUE: 244,219 2,650,000 3,276,500
TOTAL EXPENSE: 225,713 2,650,000 3,276,500
LID CONSTRUCTION FUNDS
TOTAL REVENUE: 4,322,634 3,995,200 4,700,000
TOTAL EXPENSE: 3,633,471 3,995,200 4,700,000 LID DEBT SERVICE FUNDS
TOTAL REVENUE: 588,031 941,100 1,008,400
TOTAL EXPENSE: 740,267 941,100 1,008,400 REXBURG CULTURAL ARTS FUND
TOTAL REVENUE: 234,010 270,200 306,600
TOTAL EXPENSE: 234,010 270,200 306,600 FIBER INITIATIVE CONSTRUCTION FUND
TOTAL REVENUE: 270,000 200,000 108,800
TOTAL EXPENSE: 273,142 200,000 108,800 REXBURG BUSINESS COMPETITION FUND
TOTAL REVENUE:
337,046
35,000
23,900
TOTAL EXPENSE: 343,717 35,000 23,900
NORTH 2ND EAST CONSTRUCTION FUND
TOTAL REVENUE: 226,533 2,931,000 4,830,000
TOTAL EXPENSE: 226,533 2,931,000 4,830,000 COMMUNITY SAFETY LIGHTING FUND
TOTAL REVENUE: 316,264 620,600 -
TOTAL EXPENSE: 998,609 620,600 - FIBER OPERATING FUND
TOTAL REVENUE: 90,000 123,300 135,800
TOTAL EXPENSE: 7,809 123,300 135,800 SHOP-WITH-A-COP FUND
TOTAL REVENUE:
22,504
18,200
18,000
TOTAL EXPENSE:
17,853
18,200
18,000
AMBULANCE CAPITAL REPLACEMENT FUND TOTAL REVENUE: 22,772 440,000 -
TOTAL EXPENSE: - 440,000 -
CITY 501 C3 FOUNDATION FUND TOTAL REVENUE: 3,275 5,100 3,000
TOTAL EXPENSE: 3,275 5,100 3,000
GRAND TOTAL REVENUE: 80,488,885 93,058,500 111,543,500
GRAND TOTAL EXPENSE: 72,583,113 93,058,500 111,543,500
* 2025 Amended Budget as of 6/2/25